scoda tubes ipo gmp
Scoda Tubes IPO GMP: All You Need to Know Before Investing
Thank you for reading this post, don't forget to subscribe!Introduction: A New Star in the Stainless Steel Segment
Scoda Tubes Limited is making headlines as its Initial Public Offering (IPO) opens up a new gateway for investors interested in India’s industrial and infrastructure story. Known for manufacturing high-quality stainless steel tubes and pipes, the company has gained traction not only for its robust products but also for its bold move into the public markets.
Among investors and analysts, the most discussed aspect right now is the Scoda Tubes IPO GMP (Grey Market Premium). In this comprehensive guide, we’ll walk you through everything — from IPO details to GMP trends, financials, subscription updates, and whether you should subscribe.
What is Grey Market Premium (GMP) and Why It Matters?
Before diving into the current GMP for Scoda Tubes, let’s quickly understand what GMP means.
The Grey Market Premium (GMP) is the amount investors are willing to pay over and above the IPO price before the shares are officially listed. It acts as an early indicator of market sentiment and potential listing gains.
Scoda Tubes IPO Overview
| Particulars | Details |
|---|---|
| IPO Opening Date | May 28, 2025 |
| IPO Closing Date | May 30, 2025 |
| Price Band | ₹85 – ₹90 per share |
| Lot Size | 160 shares |
| Total Issue Size | ₹30.6 Crores |
| Listing on | NSE SME |
| Registrar | Bigshare Services Pvt Ltd |
Scoda Tubes Company Background
Scoda Tubes Ltd is a Gujarat-based stainless-steel pipe manufacturer, serving various sectors including:
- Oil and gas
- Chemical industries
- Power plants
- Automotive components
- Pharmaceuticals
Their products are known for durability, corrosion resistance, and precision, placing them among reliable suppliers both in India and abroad.
Financial Performance Snapshot
| Financial Year | Revenue (₹ Crores) | Net Profit (₹ Crores) |
|---|---|---|
| 2022-23 | 96.8 | 8.5 |
| 2021-22 | 75.4 | 6.2 |
| 2020-21 | 59.3 | 4.1 |
Insight: The upward trend in revenues and profits demonstrates solid business fundamentals, which is a big green flag for IPO investors.
Scoda Tubes IPO GMP Today – Latest Trends
As per the latest grey market trends:
- GMP on Day 1: ₹25
- GMP on Day 2: ₹18 (Slight correction)
- Estimated Listing Price: ₹110–₹115
💡 A positive GMP reflects investor optimism, but a slight drop on Day 2 suggests cautious sentiment due to overall market volatility.
Subscription Status – Day-Wise Investor Interest
| Category | Subscription (Day 1) | Subscription (Day 2) |
|---|---|---|
| Retail | 1.45x | 4.32x |
| HNI/NII | 0.98x | 3.10x |
| QIB | Yet to subscribe | 1.88x |
📊 The IPO is witnessing strong retail participation, which may lead to oversubscription — a positive sign for listing gains.
Should You Invest? Expert Opinions
Several market experts believe this IPO offers long-term value:
- Anand Rathi (Brokerage): “Scoda Tubes has robust fundamentals and steady profit growth. It could offer listing gains and long-term potential.”
Source - Upstox Analysis: “With a competitive price band and strong order book, Scoda Tubes is worth considering.”
Read more - Livemint Market Review: “While the Grey Market Premium has corrected, strong fundamentals support a decent debut.”
Full article
Risks to Consider Before Investing
No investment is risk-free. Here are some red flags:
- SME IPO Volatility: Being an SME IPO, post-listing price can be highly volatile.
- Market Conditions: A bearish market can dampen listing performance.
- GMP Uncertainty: A falling GMP could indicate weak listing prospects.
🔍 Always assess your risk appetite before applying.
Listing Day Expectations
Based on GMP and subscription status, experts predict:
- Expected Listing Gain: 20%–30%
- Target Listing Price: ₹110–₹120
- Volatility Expected: Moderate to High
If sentiment stays positive, early investors may book short-term profits.
Conclusion: Is Scoda Tubes IPO Worth It?
In summary:
✅ Strong revenue and profit growth
✅ Positive but correcting GMP
✅ High retail interest
✅ Expert recommendations to subscribe
Verdict: If you’re an investor looking for a combination of listing gain and long-term growth in the industrial sector, Scoda Tubes IPO may be a smart bet — but caution is advised due to recent GMP fluctuation.
FAQs About Scoda Tubes IPO
Q1. What is the IPO GMP of Scoda Tubes today?
A: The latest GMP is around ₹18, down from ₹25 on Day 1.
Q2. Is Scoda Tubes a listed company?
A: It is expected to be listed on NSE SME post IPO.
Q3. What is the listing date of Scoda Tubes IPO?
A: Likely to be around June 6–7, 2025 (tentative).
Final Thought
Whether you’re a seasoned investor or exploring IPOs for the first time, Scoda Tubes offers a decent value proposition with potential for growth and short-term gain. But remember — investing is as much about timing as it is about quality.
Stay updated, stay sharp.
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